#BTC☀
《Unemployment benefits have been announced----Beware of risks》
Unemployment benefit data is like a double-edged sword when the Fed announces interest rates. It will cause large and small fluctuations in the market at 8:30 every Thursday night, making people nervous
The more people receive unemployment benefits, the better the crypto market will be and the more confidence in interest rate cuts will be. However, it will also cause concerns about the US economic recession
The fewer people receive unemployment benefits, the stronger the US market economy is and the less interest rate cuts are needed. This move will also have an impact on the inflow of funds into the crypto market. There is a bad impact
The previous value of the number of initial jobless claims in the United States for the week ending September 7 was 22.7, the market expected 23, and the announced value was 23
The data is also positive as predicted by Taco. Now we need to wait for the big cake to change the line at 12 o'clock, break through and stand firm at the pressure level of 587,000, and then we will usher in a decent rebound. The support level is now around 57,100